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Topic: Is 12K USD is the next target? - page 8. (Read 953 times)

legendary
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February 09, 2020, 11:18:58 AM
#4
And man, I'm pretty psyched that it is finally back above $10k, even if it's only been about 7 months since it was there--it feels like way longer than that for some reason.  The real question in my mind is whether there's going to be a selloff because of the rise or whether bitcoin will be able to stay above $10k.

Still, it's been a little over 4 months since price was above ($10k - September 23, 2019), but this is definitely after 2012 the best start of the year in terms of price growth. I think that we may see some selloff, but this price increase appears to be the result of an increasing investment in BTC, halving is getting closer and the expected big bull run could follow after that.

Accordingly, it may now be the last opportunity to buy BTC at a price that can still be considered affordable compared to what it can achieve by the end of this year, or next year. I agree that too fast growth can cause correction, and this is something that is very realistic to expect.
legendary
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February 09, 2020, 11:00:33 AM
#3
Is Bitcoin price predictable now guys?
Not even close, and don't delude yourself into thinking it is just because you may have made a good prediction.  I wouldn't say it was obvious that bitcoin would hit $10k this month, but it was certainly looking like it might.

And man, I'm pretty psyched that it is finally back above $10k, even if it's only been about 7 months since it was there--it feels like way longer than that for some reason.  The real question in my mind is whether there's going to be a selloff because of the rise or whether bitcoin will be able to stay above $10k.  I'd say getting to $12k would be pretty sweet, but it would be ideal if it took a few months to do so.  When bitcoin shoots through the roof, there tend to be corrections.  Sometimes full-blown crashes, and I'd prefer it if price gains were slow and relatively steady.
legendary
Activity: 2128
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There is trouble abrewing
February 09, 2020, 10:40:43 AM
#2
i have been expecting a big FOMO for some time now: https://bitcointalksearch.org/topic/brace-yourselves-there-is-fomo-coming-5215732
but i have not yet seen it happen. all we have seen so far was a very slow and solid rise from $7k to the current $10k+ with enough number of small corrections that leads me to believe that $10k can be a strong buy support.
but as for the FOMO, not seeing it so far can potentially mean a bigger FOMO on the way as there currently are a lot of investors who have been anxiously waiting for a drop to buy but are being disappointed by the minute as price rises. all we need is a small trigger to see a big 30-40% jump
full member
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February 09, 2020, 10:32:24 AM
#1
I feel bullish right now, Bitcoin price overcome the 10K USD zone after a long time! I predicted this two weeks ago that Bitcoin price will hit 10K USD at the end of January or at the first of February! Is Bitcoin price predictable now guys? So, what is the next target? 12K USD? Please share your opinions.
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